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Management

UK business being wound down by Citi CEO Jane Fraser as SVB appoints UK board
Plus, several other M&A deals have been signed off by regulators
Bank of America, Citigroup, JPMorgan and Wells Fargo will face off with Congress this week
Next year, Timothy J. Abell to become CEO as part of a long-planned succession strategy
Plus: Executive appointments at Truist, Provident Bank, WaFd, Comerica
Plus: New York’s Gouverneur Bancorp to buy Citizens Bank of Cape Vincent; BankFirst acquires Mechanics Bank
Plus: New locations for Heartland Bank, WesBanco Bank, and Trustar Bank
HBT Financial and Town and Country Bank to combine, while Virginia’s TowneBank and Farmers Bank also plan a merger
Plus: C-suite appointments at TowneBank, Heartland Bank & Trust, and Capital City Bank Group
Plus: New board appointments at 1st Capital Bancorp and Pinnacle Bankshares Corporation

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